Savills Australia appoints new National Head of Retail Investments

06 August 2018

Savills Australia has appointed a National Head of Retail Investments following the launch of the company’s new national business model on 1 August.

Ben Parkinson has stepped into the newly created role after starting with Savills in October 2017 as the Victorian State Director of Capital Transactions.

He brings nine years of prior experience with Coles Property, where his most recent role as Head of Investment Management saw him oversee a $1.3 billion portfolio of assets comprising sub-regional and neighbourhood centres, as well as Coles’ extensive pipeline of development stock.

Savills Australia & New Zealand Chief Executive Officer, Paul Craig, said Mr Parkinson’s background with Coles would give the company a competitive edge, further cementing it as one of Australia’s leading retail investments businesses.

“Working for one of Australia’s leading retailers has provided Ben with in-depth market knowledge of Australia’s retail landscape and allowed him to establish long-term relationships with pivotal players in the industry,” he said.

In addition to leading Savills Australia’s national retail business, Mr Parkinson has also joined the company’s newly established Australian Board.

Mr Parkinson said he was “very excited” to join and further develop Savills existing “market-leading team”.

“With more than 20 years’ experience in commercial property spanning retail, hotel, development and capital transactions, I feel that my extensive client-side knowledge will give the market a unique alternative to the current retail agency models on offer,” he said.

“We recognise that as retail trends change and cities gentrify, sophisticated purchasers will demand a multi-disciplinary approach to retail investment, particularly in the inner-city and mixed-use spaces,” he said.

Mr Craig said the restructure was part of the business’ three-year strategic plan to implement a national capability to operate more efficiently and respond better to clients’ needs.

“With the official launch of our new business model underway, we are focused on ensuring this approach strengthens our national product lines and provides greater opportunity for our people,” he said.

“We’re looking forward to watching our people flourish under this new structure, and are confident it will help us attract and retain the highest-level talent going forward.

“This is a very exciting time for Savills.”

 
 

Key Contacts

Ben Parkinson

Ben Parkinson

National Head
Retail Investments

Savills Melbourne (VIC Head Office)

+61 (0) 3 8686 8012

 

Bonnie Ziegeler

Bonnie Ziegeler

National PR Manager
Corporate Services

Savills Melbourne (150 Collins Street)

+61 (0) 3 8686 8014